How to Choose a Bank

I have to admit, I am not the biggest fan of banks. I find it slightly strange that we pay these third parties so much to keep our money with them, but at the same time, they are making millions off our money in terms of investments. However, these days, it's a necessary evil, and you pretty much can't do anything without a bank account. When you choose a bank, you want to look at several factors. Who will offer you the best interest rate on your savings? Who offers the lowest fees, and do they have conveniently located branches? What are their hours like, and do they offer any special products that interest you. Then look at their track record. No one can forget that several large banks, such as Lehman Brothers, went belly up in the recent recession, s o you want to make sure that the bank you choose has both a solid track record in commercial banking, and is not too fond of risk! Remember, it's your money they will be risking!